Can Bitcoin still hit a new ATH before 2022 ends? Despite the prolonged crypto winter, billionaire venture capitalist Tim Draper is certain that BTC will able to brush off these negative vibes and make a strong rebound: Bitcoin is expected to reach $250,000 in the first half of 2023.

Last week, Draper predicted that the leading cryptocurrency would reach that milestone despite the ongoing FTX collapse.

Tim Draper stated that the failure of the FTX crypto exchange has no direct impact on the success of Bitcoin because BTC is decentralized and FTX was not.

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